Hedgecow Sleeps on Nonfarm Payroll Day
October Nonfarm Payroll(Consensus Estimate: -200,000 to -250,000 Jobs)
Nonfarm payroll employment fell by 240,000 in October, and the unemployment rate rose from 6.1 to 6.5 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. October's drop in payroll employment followed declines of 127,000 in August and 284,000 in September, as revised.
More: http://www.bls.gov/news.release/empsit.nr0.htm
Posted by HEDGECOW on Saturday, November 8, 2008 at 2:00 PM | Permalink 